“We have seen a rise in their illicit use by criminals who exploit crypto to fuel cyberattacks and ransomware and extortion schemes.” cryptocurrency bitcoin $BTC
The Federal Bureau of Investigation has launched a new unit to tackle crypto exploitation. The new team will work with the National Cryptocurrency Enforcement Team of the Department of Justice to combat “the criminal misuse of cryptocurrencies.”
The Federal Bureau of Investigation has launched a new crypto unit. According to an announcement by the U.S. Department of Justice : In addition, the Justice Department announced Thursday the appointment of Eun Young Choi to serve as the first director of its National Cryptocurrency Enforcement Team . Choi “is an accomplished leader on cyber and cryptocurrency issues,” the DOJ details.
Assistant Attorney General Kenneth A. Polite Jr. of the Criminal Division at the DOJ commented: “With the rapid innovation of digital assets and distributed ledger technologies, we have seen a rise in their illicit use by criminals who exploit them to fuel cyberattacks and ransomware and extortion schemes.”
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